Definition of 'Economic Numbers'
Example of what the Economic Events page looked like on 16 July 2010. Click the image for the latest data.
Examples of these announcements are the CPI, PPI, Consumer Sentiment, Housing Starts etc.
Traders (especially day traders and scalpers) need to be acutely aware of when these announcements will take place as they will often trigger a quick move in the market. Some traders specialize in these announcements and have strategies that will allow them to take advantage of these sudden moves and will specifically trade them. Other traders will intentionally remove all positions before the announcement and "go flat" until after the post-announcement knee-jerk reaction is complete.
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